Visa Gift Card Instant Rebate! $10 off $300+ at Office Depot/Max: Info & How to Maximize

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Visa Gift Card Instant Rebate

Office Depot Visa Gift Card Rebate

Office Depot and Officemax have a new Visa gift card deal starting Sunday, December 17th. Let’s take a look at the details.

The Offer

  • Save $10 instantly when you buy $300 of Visa® gift cards.

Key Terms

  • Limit one (1) offer per customer.
  • Discount applied at register.
  • Offer valid 12/17/17 through 12/23/17.
  • Offer valid in store on Visa® Gift Cards only.
  • Visa Gift Card is issued by Metabank.

While the limit of 1 is probably hard-coded into the register, some stores will allow you to do multiple transactions. This varies from store to store and even sometimes from cashier to cashier!

The Math

You can purchase $200 Visa gift cards with a $6.95 fee.

Generally the best option is to purchase 2 of the $200 Visa gift cards. When doing so, the math works out like this:

  • Cost of cards: $413.90
  • Minus instant rebate: -$10
  • Final cost: $403.90
  • Loss: $3.90

Maximize

It is best to pay with a card that earns 5X at office supply stores such as a Chase Ink Cash/Plus. For example, a Chase Ink card would earn 1,995 Ultimate Rewards pointsAlternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $19.95 cashback.

You can get another $4 through their rewards program which gives you 2% back, but it’s capped at $200 per quarter.

There’s also an Amex Offer on a lot of business cards, and you can use it if you haven’t done so already. You could possibly split transaction on a few cards. In e perfect world, if you have the offer and are allowed to split it among 8 Amex Cards, you could get a $80 discount on two $200 Visa Gift Cards, besides the $10 instant rebate.

Liquidating

Visa gift cards sold by Officemax/Office Depot are issued by Metabank and are pin-enabled. Thankfully they are generally easier to liquidate than Mastercard gift cards. These cards should work fine to load Bluebird/Serve at Walmart and work many other places. For more detailed information on liquidating these cards, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards

Conclusion

This is not the best deal since the instant discount is only $10, but it could still be useful to get some super cheap Ultimate Rewards points, especially now that some major online gift card opportunities have dried up. Hopefully you’re able to get the instant discount multiple times at your location.

Happy 5Xing!

DDG
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last two years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

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4 COMMENTS

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4 COMMENTS

  1. It is these type of deals which is why I think OD/OM will go bankrupt within the next few years. You say “Hopefully you’re able to get the instant discount multiple times at your location.” But you see, the whole point of this deal is to get people to come into the store and buy other stuff besides for the gift card. If the cashier lest one person buy up all the gift cards by doing multiple transactions in a row, the only thing that happens is only 1 person gets the discount and everyone else who comes in and finds them all gone not only doesn’t get the discount, but gets annoyed at OD/OM. It accomplished nothing.

    When they had the $20 off the week of Thanksgiving, I went into my local store the Thursday before and the rack was filled with 52 of the $200 visas (I counted). When I went into the store on Monday, every single one of them was gone. Clearly, they had let people do multiple transactions. Now, I was able to buy the 2 gift cards I came in for, because I had hid them when I came in the week before on Thursday. But the fact that I had to that is pathetic.

    To recap, these kind of sales not only don’t help OD or increase sales, they probably hurt it by getting annoyed customers.

  2. Agree with Jake PB, as indeed the investment of time etc is far reduced this time around makes this far less attarcetive – and we don’t want to encourage them in teh race to 0.
    The only saving grace is that OD/OM sells $200 variable load Everywhere Fashion, Dining and Grocery VGC’s with just a fee of $4.95. These are equally liquidatable at Wally’s. It amazes me these VGC’s are seldom, if ever, mentioned by bloggers as an option to increase the value of the deal. With $9.90 fees and a $10 rebate for each 2×200 everywhere vgcs purchased, at least its simply free UR points at 5X, rather than negative cost.
    Also guys, don’t forget the $2.95 reduced fee (from $3.95) of Simon Mall VGC’s for the next 10 days or so. Clerly Simon mall is better for no bonus cards like Amex SPG.

  3. I think it’s time for all of us to make an effort to take a pass this time. From a $20 rebate, to $15 (doubled to $30 on $600), to now $10 and negative cash flow deal…OD/OM are seeing how far they can push – don’t take the bait!

  4. I know this is a recycled post, but the math works out *slightly* differently with a $10 rebate vs. $15, i.e., 2019 points (vs 1995) or $20.19 cash (vs $19.95). And if you cash out 390 points to cover the fee, you’re getting 1,629 points for free (assuming no liquidation cost).

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